Payment Methodology definition

Payment Methodology means the payment methods of Grants as provided for in the Regulations, which facilitates the Payment of Grants to Recipients at designated Pay-Points or through other alternative payment channels;

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Payment Methodology means, with respect to all payments of Termination Fee amounts payable by the Stockholders pursuant to Section 5.1(d) below, the Offering Parties shall be entitled to receive and shall receive (or, in the event funds are transmitted in lump sum, shall be deemed to have received) from each Stockholder specified on Exhibit A (and each such Stockholder agrees to pay to the Offering Parties) such Termination Fee amounts as follows: (a) in the case of the Initial Offering Party Per Share Payment, the Initial Offering Party Per Share Payment with respect to the number of shares of Company Stock held by such Stockholder as set forth on Exhibit A and subject to adjustment pursuant to Section 2.4, and (b) in the case of any additional Termination Fee amounts payable under Section 5.1(d)(iv), an amount equal to the Per Share Excess Gross Proceeds multiplied by the number of shares of Company Stock held by such Stockholder as set forth on Exhibit A and subject to adjustment pursuant to Section 2.4, with the resulting total amounts payable with respect to each Stockholder being paid by such Stockholder (i) 51% to PP or its designee, and (ii) 49% to PIP or its designee. For example, and not by way of limitation, and solely with respect to the Initial Offering Party Per Share Payment (and unless a replacement methodology for allocations of payments among the Offering Parties is specified to the Stockholders by the Offering Parties in their discretion), because Illinois Diversified Company, LLC holds 21,375 shares Company Stock as set forth on Exhibit A, the Initial Offering Party Per Share Payment, if any, to be made by Illinois Diversified Company, LLC to the Offering Parties would be $106,875 in the aggregate ($5.00 x 21,375), with 51% of such amount ($54,506.25) being paid or deemed paid by such entity to PP and with the remaining 49% of such amount being paid or deemed paid by such entity to PIP.

Payment Methodology means a methodology that describes the manner in which the Consultant will be paid for the Work. There are four (4) bases of Payment Methodologies that may be used for Work Orders: Percentage of Completion Methodology; Schedule of Values Methodology; Lump Sum Payment Methodology; and Time and Materials Not to Exceed Methodology.

Examples of Payment Methodology in a sentence

• The Contractor submissions to EOHHS for “Alternative Payment Methodology Reporting Template for Managed Care Organizations” will be done in accordance with timeline on Reporting Calendar.

• If EOHHS has approved an Alternative Payment Methodology (APM) for the Contractor, EOHS shall apply an adjustment to the Contractor’s repriced paid claims comparable to the APM adjustment that EOHHS used with respect to the Contractor during Capitation Rate development for the Contract Year.

• Such demonstration will be based on the annual submission of the “Alternative Payment Methodology Reporting Template for Managed Care Organizations” (included as ATTACHMENT D to Transitioning to Alternative Payment Methodologies: Requirements for Medicaid Managed Care Partners) and EOHHS review of the submitted report.

• EOHHS will consider the withhold, for the prorated period of July 1, 2018 through December 31, 2018, as earned due to the Contractor’s efforts in advancing the development of APMs. The withheld amounts will be repaid as quarterly adjusting payments subject to the Contractor’s demonstration that it has achieved the threshold values in APM payments for the reporting period as set forth in Section ▇.▇▇.▇▇.▇▇.▇▇ (Alternative Payment Methodology for Each Contract Period).

• To replace Attachment E, Payment Methodology, with a new Attachment E that includes the state fiscal year (SFY) 2016 PMHP rates for the Contractor that CMS just approved.

• Such demonstration will be on the basis of quarterly submissions of the “Alternative Payment Methodology Reporting Template for Managed Care Organizations” (included as ATTACHMENT D to Transitioning to Alternative Payment Methodologies: Requirements for Medicaid Managed Care Partners and EOHHS review of the submitted report.

• If the Contractor has sub-capitated or Alternative Payment Methodology (APM) arrangements with providers, the sub-capitated or APM payments to providers should be increased by the equivalent of the rate increases that would be required for fee for service payments as set forth in this section.

• An Alternative Payment Methodology means a payment methodology structured such that it provides economic incentives, rather than focusing on volume of services provided, focus upon such key areas as: • Improving quality of care; • Improving population health; • Impacting cost of care and/or cost of care growth; • Improving patient experience and engagement; and • Improving access to care.

• As part of this support, the Contractor shall work with PCMPs to ensure readiness for the Primary Care Alternative Payment Methodology (APM).

• Likewise, if KYOne HP has a Shared Loss Payment Obligation under an applicable Program Agreement, KYOne HP will satisfy the obligation in accordance with the Shared Loss Payment Methodology for the applicable Program Agreement adopted upon Board of Managers Approval in accordance with the KYOne HP Operating Agreement.

More Definitions of Payment Methodology

Payment Methodology means the formula set out at Schedule 3 Registered Community Housing Provider means a Community Housing Provider that is registered under section 67D of the Act.